How does solar pencil out?

Efficiency of solar equipment has risen sharply and prices have dropped. At the same time, local electricity rates are expected to rise at a rate of 2.2%/year. This takes much of the risk out of solar conversion and creates a high-tech win-win:

• Estimated net cost of installation, Year 1: $21,090 - 23,235


• Estimated net cost, Year 7: 0 (ROI: 35%)


• Estimated net cost, Year 10: -12,437 (that's a "negative" $12,437)